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ILDEX Vietnam 2016

2016-03-23

Vietnam is predicted to grow 6.6 percent GDP growth rate in 2016, the second fastest pace in the world, according to the Bloomberg. In its analysis on economic prospects for 93 economies, Bloomberg forecast that Vietnam's growth rate would be only behind India with 7.4 percent. Vietnam was also projected to gain the fastest economic growth in Southeast Asia in which Indonesia is forecast to grow 5.2 percent; Malaysia 4.5 percent; and Singapore 2.3 percent in 2016. Top 10 economies with the highest growth paces also included Bangladesh (6.6 percent); China (6.5 percent); Sri Lanka (6.4 percent); Kenya (6.1 percent); Panama (6.1 percent); the Philippines (6 percent); Uganda (5.6 percent);